84.43
+10.22%
Close of 9 Nov 2026, in USD
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About Everus Construction Group
From its filings with the US Securities and Exchange Commission
Everus Construction Group is based in Bismarck, North Dakota and is incorporated in Delaware. Its shares trade on NYSE under the ticker ECG. The SEC classifies its business as operative builders. In the fiscal year to 31 December 2025, it reported revenue of $3.75bn and net income of $201.8m. At that date it held total assets of $1.73bn and shareholders' equity of $629.8m.
On November 2, 2023, MDU Resources announced its intent to pursue a tax-free spinoff of Everus Construction (formerly known as MDU Construction Services Group, Inc.) from MDU Resources (the “Separation”). Prior to the Separation, Everus Construction was the construction services segment of MDU Resources and operated as a wholly owned subsidiary of CEHI, LLC (“Centennial”), which is a wholly owned subsidiary of MDU Resources. In anticipation of the Separation, MDU Resources formed a new wholly owned subsidiary, Everus Construction Group, Inc., that became the new parent company of Everus Construction.
We are a leading construction solutions provider headquartered in Bismarck, North Dakota, offering specialty contracting services to a diverse set of end markets across the United States. We operate throughout most of the United States through two reportable, operating segments: Electrical & Mechanical (“E&M”) and Transmission & Distribution (“T&D”). We deliver services through our 15 wholly owned operating companies (the “Operating Companies”), which go to market under 19 local brands allowing us to differentiate the services we provide and geographical markets we serve. Our historical business was established in 1997 and we have expanded our capabilities significantly since then through targeted entry into new geographies and more than 25 acquisitions. Our size and scale continue to be reflected in our national rankings.
Quoted from its 10-K, filed 25 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Construction & Engineering
- Listed since
- 28 Oct 2024
- Employees
- 10,000
- Website
- everus.com ↗
- Head office
- 1730 BURNT BOAT DRIVE, BISMARCK, ND, 58503
- Incorporated in
- DE
- Classification
- Operative Builders
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Jeffrey ThiedePresident, Chief Executive Officer, Director, since 2024$2.8m
- Mr. Maximillian MarcyChief Financial Officer, Vice President, Treasurer$610,560
- Mr. Thomas NosbuschChief Operating Officer, Executive Vice President$1.3m
- Mr. Jon HunkeChief Accounting Officer, Vice President$696,749
- Ms. Britney HendricksVice President of Human Resources
- Mr. Paul SandersonVice President, Chief Legal Officer, Corporate Secretary$1.3m
- Mr. Jason BehringVice President - Technology
- Mr. Michael Della RoccaIndependent Director$80,833
- Ms. Helena HernandezIndependent Director
- Ms. Dale RosenthalIndependent Director$189,167
- Mr. Edward RyanIndependent Director$170,833
- Mr. David SparbyIndependent Director$171,667
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 23
- Environment
- 1
- Social
- 2
- Governance
- 67
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Everus Construction Group Inc employs 10,000 employees across the US construction sector.
- Electrical & Mechanical segment serves public and private sectors with specialty contracting services.
- Transmission & Distribution segment offers infrastructure construction and equipment solutions.
Weaknesses
- IPO listing date 28 October 2024 indicates recent market entry.
- Headquartered in Bismarck, North Dakota, a smaller city with limited market reach.
- Limited employee count of 7,000 full-time staff compared to industry giants.
Opportunities
- Expansion into new US end markets for Electrical & Mechanical services.
- Growing demand for Transmission & Distribution infrastructure upgrades.
- Increasing need for specialty contracting in public and private sectors.
Threats
- Competition from established construction firms in the US market.
- Economic downturns affecting public and private sector construction budgets.
- Regulatory changes impacting construction and infrastructure projects.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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